For Lease · Specialty

72 MAIN Street, Cambridge

72 MAIN Street, Cambridge, ON N1R1V7

$18 per sq ft / yr

9,400 SF

Asset Class

Specialty

Size

9,400 SF

Building class

B

Zoning

DC2 — Site Specific

$ / SF

$0

Occupancy

87%

Year Built

1971

Lot Size

0.219 ac

About this property

High-Exposure Corner Retail Space for Lease - 5,500 sq ft + 5,282 (Basement rent is included in rent no additional rent of basement) sq ft Basement .Situated on the prominent corner of Ainslie Street North and Main Street, this exceptional retail space offers outstanding visibility in one of Cambridge's most active commercial areas. The main level features 5,500 sq ft of open layout, previously occupied by Scotiabank, making it ideal for financial institutions, professional services, or any business requiring a high-profile presence. The expansive 5,282 sq ft basement includes a large staff kitchen, washrooms, and ample storage areas-perfect for operational support or additional workspace. Surrounded by multiple municipal parking lots, the location offers convenience for customers and staff. The zoning allows for a wide variety of commercial uses, providing endless possibilities for future tenants. This is an excellent opportunity for businesses seeking a prime, corner location with existing income potential and a functional bank setup already in place. Endless possibilities would be ideal for office or retail space. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$18
Down payment30% · $5
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-2.36%

DSCR

0.87

Going-in cap

4.83%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Rent roll (estimated)

TenantAreaExpiry
Blue Harbour Design3,280 SF2033-05
Blue Harbour Design4,851 SF2033-05

Area demographics

Trade area within 3 miles of the property.

Population

141,957

Households

61,897

Median income

$117,500

Median age

35.6

Daytime population

197,842

5-yr growth

4.4%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 72 MAIN Street, Cambridge.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.